INC TX-RATES
Summary
Amends the Illinois Income Tax Act. Provides that the rate of tax on individuals, trusts, and estates is 4.85% (currently, 4.95%). Makes a conforming change concerning the pass-through entity tax. Effective immediately.
Bill status
failed
1 of 4 stages cleared
Introduction
Jan 2022
Committee Review
Floor Vote
Governor
Introduced Jan 28, 2022
Last action Jan 10, 2023
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
13
Key actions
1
Committee
4
Feb 18, 2022
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Feb 15, 2022
Lower · Passed
To Income Tax Subcommittee
lower
Feb 9, 2022
Committee
Assigned to Revenue & Finance Committee
lower
Jan 31, 2022
Committee
Referred to Rules Committee
lower
1 primary · 6 co-sponsors
Sponsors
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